Games with Discontinuous Payoffs
Leo Simon
The Review of Economic Studies, 1987, vol. 54, issue 4, 569-597
Abstract:
We prove an equilibrium existence result for a class of games with an infinite number of strategies. Our theorem generalises an earlier result by Dasgupta and Maskin. We also identify conditions under which the limit of pure-strategy equilibria of a sequence of finite games is an equilibrium for the limit game. We apply this result to obtain new existence results for the multi-firm, l-dimensional version of Hotellings's location game. The techniques used suggest a technique for computing such equilibria.
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:oup:restud:v:54:y:1987:i:4:p:569-597.
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